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Fasten the acquisition of 6,567,500 equity management companies 25%
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Fasten (000 890) on December 16 evening announcement, the company will purchase 6,567,500 held by the Taiwan Co., Ltd. Dongtai, Jiangsu Fasten Paper Pipe Co., Ltd. 25% of new equity. Company said the acquisition is completed, the company will hold the management company 100% of the shares. Replenishment of the management company the company will expand its production scale, and adjust product structure, and strive to profitability as soon as possible.